Press release
Analysts predict, Global weight management products market will grow at a rapid pace in the coming years
The journey of losing weight, for many, begins with a wide range of weight management products. As obesity and weight gain continue to be big battles for the healthcare sectors, the experts are more often than not left with no choice but to prescribe a slew of weight management products. The global weight management products market not only consists of food products, but also medical aids in some form. Over the years, these products have not only offered weight solutions to many consumers, but also reduced the chances of weight-related issues such as diabetes, cardiovascular diseases, high blood pressure, and other such complications.Analysts predict that the global weight management products market will grow at a rapid pace in the coming years, as the global population fights the obesity epidemic. According to statistics provided by the World Health Organization (WHO), there are 1.4 billion obese adults in the world, a count that excludes teenagers and children. Presently, the U.S. hosts the most number of obese and overweight people. However, studies have shown that the problem of unprecedented obesity and weight management are an intrinsic characteristic of developed nations. This is the main reason for the unprecedented growth of the weight management products market in these countries.
Overview
The weight management products market is inclusive of meal replacement slimming products, weight loss supplements, and other products such as extracts, concentrates, diet patches, and creams. While it is true that the global weight management products market is driven by several health-related reasons, it is restrained by reasons on the same lines. Researchers and health experts have voiced concerns about the risks these products come with. Several studies have shown that these alternative weight loss products bring in a range of illnesses and hazardous side effects. Hence the motivation to reduce weight does take into account the hazardous impact of weight management products, thereby becoming a noteworthy market restraint.
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Until now, Europe and North America held the largest market share in the weight management products market, with key players mainly operating from these regions. However, the report suggests that other regions are likely to catch up with these markets, due to the growing number of obese people, the geriatric population, sedentary lifestyle that leads to diseases such as diabetes and heart diseases, rising disposable incomes, and a huge spectrum of low-calorie beverages. The aggressive marketing techniques of weight management product brands and increasing distribution channels will also decide the fate of this market in the global scheme of things.
Players in the Global Weight Management Products Market
The weight management products market research report profiles the key players in the global market such as Abbott Nutrition, AHD International, Ajinomoto Co Inc., Amer Sports Corporation, Atkins Nutritionals, Bio-Synergy Limited, Body-Solid Inc., Kellogg Company, Kraft Foods, Medifast Inc, and Nestle.
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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